Commercial and industrial facilities are key to the clean energy revolution
The current centralized electricity system is not sustainable. Between the climate crisis, state-wide blackouts, aging infrastructure, and rising costs, the system needs a huge overhaul. The demand for electricity is high – and getting higher – and big power plants aren’t meeting our needs.
We’re a small but mighty company at the forefront of the energy transition in the built environment.
We deploy, operate, and optimize battery storage, grid-interactive buildings, and electric vehicles using a single software platform for customers and partners to pursue net zero goals, cut operating expenses, and unlock new revenue opportunities.
Our technology transforms large commercial buildings and industrial facilities into the cornerstone resources in a decentralized electricity system, and our creative financing approach is designed so your business makes money to be that energy resource. In the end, we all get cleaner, more reliable, and more affordable electricity.
We work with companies that see energy assets differently, those that see the potential others might not. We’re building the software to meet their needs today and in 2050.
We’re more than just an innovation company. We’re powered by performance. When we perform, our customers benefit, and together we enable the transition to a cleaner, more reliable, and more affordable electricity grid.
With a 97% performance accuracy of calling peaks across our operational markets, you can trust Peak Power to deliver results.
For this battery storage project at Bloor Islington Place, Peak Power provides peak prediction and asset dispatch services. We also optimize the battery for demand response events.
…In the summer of 2022, Peak Power was one of the funding recipients of Natural Resources Canada’s (NRCan) Zero-Emissions Vehicle Incentive Program (ZEVIP), a federal initiative to support the installation…
Saturn Power has been active in the battery storage and Global Adjustment market since 2017 and continues to make advancements in securing behind-the-meter projects in Ontario.
…Lactalis Canada Inc., a subsidiary of the world’s #1 dairy group, Lactalis Group, was looking for a solution to reduce their Global Adjustment energy costs and implement short-duration backup energy….
Peak Power delivers ICAP and demand charge savings with behind-the-meter battery storage and Peak Synergy for a customer in Westchester, New York.
…This innovative battery storage is one of the first projects to operate under FERC Order 841 and the CPUC’s decision on multi-use applications.
…One of the largest vehicle-to-grid demonstration projects globally, this project featured 21 bi-directional EV chargers in three commercial office buildings in Toronto.
…This building optimization project was completed for 95 St Clair Avenue West, a 16-storey commercial office building serviced by Colliers International with Canadian cooperative The Desjardins Group – the largest…
Starlight’s building is connected to the Islington Subway station (part of the Toronto Transit Commission public transit network). This state-of-the-art Class A office building hosts tenants like the Ministry of Education and Moneris.
The building owners looked for solutions to reduce demand charges (Global Adjustment) and turned to Peak Power for guidance. We installed a 500 KW system to help slash demand charges by 25%.
Peak Power was able to achieve energy cost reduction and revenue generation through global adjustment savings and contributions to demand response.
In the summer of 2022, Peak Power was one of the funding recipients of Natural Resources Canada’s (NRCan) Zero-Emissions Vehicle Incentive Program (ZEVIP), a federal initiative to support the installation of Electric Vehicle (EV) charging stations in Canada. NRCan invested $765,000 in Peak Power, with a combined total project cost of $1.6 million, to deploy 117 EV chargers at several mixed-use developments in Ontario.
As an example, Peak Power enabled the installation of 18 electric vehicle chargers at an iconic class A building in the heart of downtown Toronto. Along with the integration of Peak Synergy software, the chargers address tenants’ evolving charging and sustainability needs of while supporting the grid and Canada’s EV infrastructure goals.
These chargers were installed by Signature Electric, are connected to the SWTCH EV Network, and will be integrated into Peak Power’s Synergy software.
Saturn Power has been active in the battery storage and Global Adjustment market since 2017 and continues to make advancements in securing behind-the-meter projects in Ontario. They wanted to invest in a software solution that would maximize the value gained from a Battery Energy Storage System.
Saturn Power's Storage Project is located at a nuclear generation facility in Ontario, Canada. Peak Power operates and optimizes the energy storage system to reduce grid dependency during peak periods and, as a result, reduce electricity costs. The Saturn battery operates for global adjustment, demand response, and price arbitrage.
Lactalis Canada Inc., a subsidiary of the world’s #1 dairy group, Lactalis Group, was looking for a solution to reduce their Global Adjustment energy costs and implement short-duration backup energy. Like many industrial sites, the rising costs of energy paired with momentary power fluctuations were impacting production levels, schedules and the bottom line.
Peak Power being a leader in innovative funding models, came to the table with solutions to tackle these issues. The result is a shared savings model – facilitating private financing and SREPS funding – to develop battery assets at five of their manufacturing facilities in Ontario without any capital expenditures from Lactalis Canada.
After a year-long evaluation process, including reviewing many other suppliers, Lactalis Canada selected Peak Power and SWITCH Power as their preferred energy storage providers.
To ensure reliability, both the System Operator (NYISO) and the Load Serving Entity (Utility) need to maintain generation and distribution capacity to meet their peak demand obligations. These costs are passed on to customers via demand-based charges, whether assessed as contribution to system coincident peak (ICAP tag) or individual monthly non-coincident peak (Demand Charge). In ConEd, the Commercial System Relief Program (CSRP) aims to reduce peak demand at the network level by calling on customers to reduce energy use during their respective assigned call windows.
Four energy storage systems were installed in four different commercial buildings in Westchester, New York – one of the state's first Virtual Power Plant demonstration projects. The project reduces electricity costs from ICAP and Demand Charges and participates in NYISO and ConEd demand response programs.
By participating in the CSRP program, the host earns incremental demand response revenue and the utility benefits from system relief.
The battery system is located behind the manufacturing site’s retail meter with San Diego & Gas Electric. The battery system operates for time-of-use rate shifting, demand charge reduction, and demand response. The site is also equipped with a CAISO meter and RIG, to operate as a flexible reliability resource for the California grid.
The Project was partially funded through the State’s Self Generation Incentive Program. Diamond Generating LLC’s affiliate company, Boston Energy Trading & Marketing, is the scheduling coordinator for the Project.
Together, we’re enabling distributed energy resources in the built environment to tackle climate change and the rising costs of energy.
Our 4D Energy Strategy© aims to decentralize, democratize, digitalize, and decarbonize the energy industry.
We work with industry-leading partners to provide turn-key solutions to our customers. And we’ve worked together on some cool innovation projects, too!
Energy storage makes money, supports grid resiliency, and enables the growth of clean energy generation.
Businesses with more than 1 MW of load – spending tens of thousands a month on electricity – can use battery energy storage to support their financial and sustainability objectives.
Pair energy storage with powerful software and the opportunities for cost-savings and value-stacking grow.
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